Manulife declares preferred share dividends

Rhea-AI Summary

Manulife Financial (TSX/NYSE/PSE: MFC) has announced its quarterly preferred share dividends for multiple share classes. The dividends will be paid on or after March 19, 2025 to shareholders of record as of March 5, 2025.

The dividend payments vary by share class, ranging from $0.14675 to $0.396875 per share. The announcement covers eleven different preferred share series, including Class A Shares Series 2 and 3, and Class 1 Shares Series 3, 4, 9, 11, 13, 15, 17, 19, and 25.

Positive

• Consistent dividend payments across multiple preferred share classes indicating financial stability
• Maintenance of dividend schedule showing strong cash flow management

Negative

• None.

News Market Reaction – MFC

+6.85%

1 alert

+6.85% News Effect

On the day this news was published, MFC gained 6.85%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

C$ unless otherwise stated                                                               TSX/NYSE/PSE: MFC   SEHK: 945

TORONTO, Feb. 19, 2025 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non-cumulative preferred shares of Manulife Financial Corporation, payable on or after March 19, 2025 to shareholders of record at the close of business on March 5, 2025:

• Class A Shares Series 2 - $0.29063 per share
• Class A Shares Series 3 - $0.28125 per share
• Class 1 Shares Series 3 - $0.14675 per share
• Class 1 Shares Series 4 - $0.3015 per share
• Class 1 Shares Series 9 - $0.373625 per share
• Class 1 Shares Series 11 - $0.384938 per share
• Class 1 Shares Series 13 - $0.396875 per share
• Class 1 Shares Series 15 - $0.360938 per share
• Class 1 Shares Series 17 - $0.346375 per share
• Class 1 Shares Series 19 - $0.229688 per share
• Class 1 Shares Series 25 - $0.371375 per share

About Manulife

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had more than 38,000 employees, over 98,000 agents, and thousands of distribution partners, serving over 35 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong.

Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com. 

Media Relations Contact:
Anne Hammer
Manulife
201-663-4746
anne_hammer@manulife.com

Investor Relations:
Hung Ko
Manulife
416-806-9921
hung_ko@manulife.com

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SOURCE Manulife Financial Corporation

FAQ

When is the record date for Manulife's (MFC) preferred share dividends in March 2025?

The record date for Manulife's preferred share dividends is March 5, 2025.

What is the highest dividend amount among Manulife's (MFC) preferred shares for March 2025?

The highest dividend amount is $0.396875 per share for Class 1 Shares Series 13.

How many different preferred share series are receiving dividends from Manulife (MFC) in March 2025?

Manulife is paying dividends on eleven different preferred share series.

What is the payment date for Manulife's (MFC) preferred share dividends announced in February 2025?

The dividends are payable on or after March 19, 2025.

Which Manulife (MFC) preferred share series has the lowest dividend payment for March 2025?

Class 1 Shares Series 3 has the lowest dividend payment at $0.14675 per share.